New Year rally wanes for FTSE 100 while pound gains ground
1 week, 4 days ago

New Year rally wanes for FTSE 100 while pound gains ground

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy London’s FTSE 100 has struggled to hold on to gains in a choppy day of trading for global markets, while the pound strengthened after dropping to an eight-month low against the dollar. Given the strength of the US economy, the Federal Reserve looks set to be more reticent about cutting rates than the Bank of England Susannah Streeter, Hargreaves Lansdown Investors will be hoping for good news after new data from the British Retail Consortium showed shopper numbers fell over December for the second year in a row, with high streets and shopping centres hit particularly hard. In company news, low-cost airlines Ryanair and Wizz Air both said they saw growing numbers of passengers in December, even though there was disruption to flights over the Christmas period at several major UK airports.

History of this topic

London’s FTSE 250 slumps and pound weakens as UK gilt yields spike
6 days, 15 hours ago
FTSE 100 edges back after housing and bank shares fall
1 week ago
London’s FTSE 100 flat as gains in energy stocks cap declines
1 week, 5 days ago
FTSE 100 jumps on first day of 2025 trading
1 week, 5 days ago
London’s FTSE 100 enjoys rally to end 2024 on a ‘high note’
2 weeks ago
London’s FTSE 100 loses ground as UK service sector growth slows
1 month, 1 week ago
FTSE 100 lifts to month-high amid strong banking stocks
1 month, 2 weeks ago
London stocks start week on steady note; Melrose shines
1 month, 3 weeks ago
Banks boost FTSE 100 while European stocks rebound
2 months ago
Pound gains on the dollar after Bank of England caution on future rate cuts
2 months, 1 week ago
FTSE 100 inches higher as global markets cautious ahead of US election
2 months, 1 week ago
FTSE 100 recovers ground after market jitters
2 months, 1 week ago
FTSE 100 regains most of its losses after early falls
2 months, 3 weeks ago
FTSE 100 rises while UK Government hopes to win over global investors
3 months ago
FTSE climbs after UK economy returns to growth
3 months ago
UK stocks swing into the red as oil prices retreat
3 months ago
UK stocks falter and pound weakens despite OECD upgrading growth outlook
3 months, 2 weeks ago
FTSE 100 reverses gains as week of ‘profit-taking’ takes toll on European stocks
3 months, 3 weeks ago
FTSE 100 nudges up on higher Fed rate cut hopes
4 months ago
FTSE 100 ends day slightly down after UK economic growth flatlines
4 months ago
FTSE 100 nudges upwards after solid session for blue-chips
4 months, 2 weeks ago
FTSE slightly higher at close as global traders await Jackson Hole summit
4 months, 3 weeks ago
FTSE 100 falls after blue-chips including BT, Shell and BP slide
4 months, 3 weeks ago
FTSE 100 slips amid strength in sterling after strong UK retail sales
4 months, 4 weeks ago
FTSE 100 makes strong gains as European markets bounce back
5 months, 1 week ago
FTSE 100 falls after US jobs data sparks recession fears
5 months, 1 week ago
FTSE 100 tumbles on Bank of England’s cautious tone after rate cut
5 months, 1 week ago
FTSE 100 surges in value amid strong blue-chip showing
5 months, 2 weeks ago
FTSE 100 weakens amid choppy trading for global markets
5 months, 2 weeks ago
London markets end week on a high as NatWest helps lift FTSE 100
5 months, 2 weeks ago
Pound bounces to year-high versus dollar after inflation holds at 2%
5 months, 4 weeks ago
UK stock markets rise after economic growth beats forecasts
6 months ago
FTSE 100 ends day lower as markets calm on Labour housebuilding plan
6 months ago
FTSE 100 dips amid weakness from blue-chip industrial stocks
6 months, 2 weeks ago
FTSE 100 makes small gains after inflation returns to Government target
6 months, 3 weeks ago
London’s FTSE 100 makes gains as European markets rebound
6 months, 3 weeks ago
FTSE 100 finishes in the red after commodity weakness
7 months, 1 week ago
FTSE 100 falls as utility sector weighs on market
7 months, 3 weeks ago
FTSE 100 makes further gains but retreats from intraday high
7 months, 4 weeks ago
Global stock market rally continues as FTSE 100 races to another record high
8 months, 1 week ago
London’s FTSE 100 holds onto gains after record-breaking week
8 months, 2 weeks ago
London stocks surge again on latest takeover moves
8 months, 2 weeks ago
FTSE reaches another record level on strong earnings and Anglo American bid
8 months, 2 weeks ago
Britain’s economy is struggling – so why is the FTSE 100 at a record high?
8 months, 3 weeks ago
FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar
8 months, 3 weeks ago
Airlines help lift FTSE 100 off the ground as global stocks rise
8 months, 3 weeks ago
FTSE 100 dips after strong week
9 months, 2 weeks ago
Unilever helps lift FTSE 100 into the green ahead of new UK inflation data
9 months, 3 weeks ago
FTSE drops as US court case dents Reckitt’s shares
9 months, 4 weeks ago

Discover Related